First National Bank of White County in Cleveland, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 06, 1996

  • First National Bank of White County in Cleveland, Georgia (GA)
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First National Bank of White County - Overview

  • General
  • FDIC Certificate #: 16454
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#26976)
    Federal Reserve ID: 515438
    Date Established: July 01, 1946
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 10620
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: July 01, 1946
    Last Structure Change Effective Date: June 06, 1996
    Last Structure Change Process Date: July 08, 1996
    Last Data Update: July 08, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: South Main And West Kytle Streets, Cleveland, GA 30528
    County: White
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Atlanta
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $121.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $49Total assets
  • $123,619Cash and due from depository institutions
  • $1,341Interest-bearing balances
  • $595Securities
  • $29,494Federal funds sold & reverse repurchase agreements
  • $2,971Net loans & leases
  • $86,998Loan loss allowance
  • $1,307Trading account assets
  • $0Bank premises and fixed assets
  • $1,041Other real estate owned
  • $123Goodwill and other intangibles
  • $1,651Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $123,619Total liabilities
  • $105,489Total deposits
  • $103,890Interest-bearing deposits
  • $91,927Deposits held in domestic offices
  • 103890.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $769Trading liabilities
  • $0Other borrowed funds
  • $156Subordinated debt
  • $0All other liabilities
  • $674Total equity capital
  • $674Total bank equity capital
  • $18,129Perpetual preferred stock
  • $0Common stock
  • $1,386Surplus
  • $4,000Undivided profits
  • Memoranda
  • $12,743Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $263Income earned, not collected on loans
  • $863Earning assets
  • $120,058Long-term assets (5+ years)
  • $17,029Average Assets, year-to-date
  • $119,578Average Assets, quarterly
  • $123,154Volatile liabilities
  • $14,869Insider loans
  • $2,521FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $8,227Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $18,064Total risk weighted assets
  • $81,974Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $10,749Total interest expense
  • $4,277Net interest income
  • $6,472Provision for loan and lease losses
  • $422Total noninterest income
  • $829Fiduciary activities
  • $0Service charges on deposit accounts
  • $454Trading account gains & fees
  • $0Additional noninterest income
  • $375Total noninterest expense
  • $3,378Salaries and employee benefits
  • $1,744Premises and equipment expense
  • $292Additional noninterest expense
  • $1,342Pre-tax net operating income
  • $3,501Securities gains (losses)
  • $56Applicable income taxes
  • $1,063Income before extraordinary items
  • $2,494Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,494Net charge-offs
  • $86Cash dividends
  • $1,111Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.28%Cost of funding earning assets
  • 3.69%Net interest margin
  • 5.59%Noninterest income to earning assets
  • 0.72%Noninterest expense to earning assets
  • 2.92%Net operating income to assets
  • 2.05%Return on assets (ROA)
  • 2.09%Pretax return on assets
  • 2.97%Return on equity (ROE)
  • 14.40%Retained earnings to average equity (YTD only)
  • 7.99%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • 490.70%Efficiency ratio
  • 46,268Assets per employee
  • 2.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.55%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 496.96%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 83.74%Net loans and leases to core deposits
  • 96.72%Equity capital to assets
  • 14.67%Core capital (leverage) ratio
  • 14.64%Tier 1 risk-based capital ratio
  • 22.04%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $119,578Average earning assets
  • $17,317Average equity
  • $115,790Average loans

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